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Search Results 0 to 11 of about 12 (some duplicates have been removed)
now. >> you were shocked when you heard that president obama had named mary jo white to lead the securities and exchange commission. and you wrote that she was a partner in a law firm that represented a lot of these big banks. you know, bank of america, goldman sachs, chase, aig, morgan stanley. you said, "she dropped out and made the move a lot of regulators make, leaving government to make bucket loads of money, working for the people she used to police." and i gather your great concern is that you don't want to see the country's top financial cop being indebted to the people who created the bank roe? >> right. yeah, absolutely. i mean, it's just simple common sense. i mean, you're sitting on $10 million, $15 million, however much money she made working there at debevoise and plimpton when she was a partner and you owe that money to this specific group of clients and now you're in charge of policing them, just psychologically think of that. it doesn't really work, you know? it doesn't really work in terms of how aggressive a prosecutor should be, what his attitude towards t
been growing at an average of about 2%, unemployment is where it was when barack obama took office, we are adding about 150,000 jobs a month, but john, the real problem here is this slow growing is occurring when we have had five straight trillion dollars worth of defense deficits to pump it up and we get $85 billion a month in transfusions a month from the fed and we are still limping along like a mature and quite frankly modest economy. >> eleanor? >> i think these numbers reflect the fact that government is shrinking and the defense department really pulled back in the last quarter of last year. it is a cautionary sign and looks like both parties are kind of sleepwalking their way toward a sequester. the ropes don't want to -- the republicans don't want to give up anything on the revenue side they would rather take a hit in spending. the democrats have protect social security, pell grants and medicaid, so they are not going to cave first. so if neither party blinks, the sequester will go ahead and we'll see further contraction in the economy. but you know, i'm not that glammy. i tak
, because i disagree on the fact it is not hard politics. for barack obama it is hard politics. the politics are hard for him, because he has already signaled he is willing to talk about deficit reduction. a lot of them are disturbed. he has gotten comfortable willing to make deficit reduction a priority, given the pain people are going through right now. paul krugman writes about this, stop embracing the notion of deficit reduction. now there are others who make this point all the time. you have got people pushing him to talk about deficit reduction. if you look at sunday morning talk shows, and i am not talking about the right. i am talking about democrats and folks on the left who are saying he has to agree to some entitlement cut spending. turn on the tv, and folks on the left are saying when the politics are concerned, he has to agree to entitlement cuts. tell me why they are not hard. >> you are right. >> back it up and understand there are millionaires who have spent hundreds of millions of dollars to create this type of culture that says we are going to have to cut social security, m
>>> president obama urges seizing this moment to overhaul our nation's immigration laws. >> now is the time to find a better way to welcome the striving, hopeful immigrants who still see america as the land of opportunity. >> what does this mean for california? from the central valley to silicon valley? >>> and san francisco implements a controversial law. it enables court-ordered treatment for mentally ill patients at risk of becoming violent. >> these folks are a danger to themselves and to others. >>> plus, the 49ers gear up for the super bowl. a report from new orleans. coming up next. >>> good evening. i'm viviana ritado. welcome to "this week in northern california." what happens or doesn't happen in washington on immigration this year will have a big impact here in california. president obama pressed congress to pass within the next six months comprehensive immigration reform. he addressed this issue in las vegas on tuesday. >> if congress is unable to move forward in a timely fashion, i will send up a bill based on my proposal and insist that they vote on it right away.
gersh reports, president obama today asked congress to delay the cuts before the march 1 deadline. >> reporter: with $44 billion in spending cuts in defense and most other federal programs just weeks away, the president urged congress to pass a mix of spending cuts and tax increases to ease the immediate hit. >> there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of the entire economy, should be put in jeopardy just because folks in washington couldn't come together to eliminate a few special interest tax loopholes. >> reporter: republicans dismissed the calls for more tax increases, and many argue the threat of the automatic spending cuts known as the sequester are the only way to force democrats to accept more spending cuts. but their leverage may be limited. >> i think we will have the sequester for a short period of time, probably until the first civilian employee of the government is furloughed, which might take about a week. and then, that pain may be enough to cause the people on ca
who have played president of the united states, but this moment with the vigor and use of the obama administration, there is so much focus placed on the white house, and you have to play the president, what made you want to do eight? >> there is a renewed interest and glamour and a new generation interested in politics. the biggest reasons were a combination of ann curry washington and -- of kerry washington and shonda rhimes. i have a long time felt that kerry is one of our best actresses working, and when shonda created the show i knew that would be interesting. i thought if there is a potential love interest with kerry washington, that is something you do not want to turn around, for a lot of reasons. >> that would be scandal. what do you make of the success she has in a relatively short time. she has got some hits in a relatively short time. when i read the pilot script and saw the first episode, immediately i thought, this woman has such a distinctive voice. when i think shonda is gifted, she has an idea of what people want to see in terms of popcorn, soap opera on value, but a
means the obama administration is finally willing to fight a broader trend towards consolidation across industries. >> the president can really set a tone here, the attorney general can set a tone, the head of the antitrust division can set a tone. and the tone can be we're not going to accept the kind of consolidation we've seen over the last 15, 20 years. >> reporter: but the merger's ecnomoic payoff for anheuser busch is largely about what happens outside the united states. >> they believe there are great efficiencies to be had in mexico and in other markets in the world where corona is underdeveloped. so the primary focus of the deal for their $20 billion is what they can make in mexico and what they can do outside the u.s. >> reporter: anheuser-busch inbev offered to sell of it's interest in an importing arm to constellation brands and make the company the sole importer of corona beer for ten years. but the justice department says that solution does not go far enough. darren gersh, "n.b.r.," washington. >> susie: on wall street today, stocks finished lower on mixed news about the e
exchange. thanks a lot, brian white, tech analyst at topeka capital management. >> tom: president obama is once again pushing for a big deal to reduce the deficit. in a preview of the themes he'll lay out in next week's state of the union address, the president told house democrats today he'd press for a big agenda covering everything from fairness, and jobs to deficits and debt. darren gersh has more. >> reporter: with just a few weeks to go before automatic across the board spending cuts kick in, the president told fellow democrats his state of the union address next week will call for a change in course. >> i am prepared, eager and anxious to do a big deal, a big package, that ends this governance by crisis where every two weeks, or every two months, or every six months, we are threatening this hard-won recovery. >> reporter: republicans may not applaud during that part of the speech. they've blasted the president for offering symbolic solutions like a tax on corporate airplanes that would raise enough money to cover one month week of the automatic spending cuts know collectively as
Search Results 0 to 11 of about 12 (some duplicates have been removed)